During 2023 , the company had the following transactions that affect shareholders' equity: 1. Paid the annual 2022$8 per share dividend on preferred shares and a $5 per share dividend on common shares. These dividends had been declared on December 31,2022. 2. Purchased 3,600 of its own outstanding common shares for $39 per share and cancelled them. 3. Issued 1,000 preferred shares at $110 per share (at the beginning of the year). 4. Declared a 15% stock dividend on the outstanding common shares at their fair value when the shares were selling for $43 per share. 5. Issued the stock dividend. 6. Declared the annual 2023$8 per share dividend on preferred shares and a $4 per share dividend on common shares. These dividends are payable in 2024. The contributed surplus arose from net excess of proceeds over cost on a previous cancellation of common shares. Total assets at December 31,2022 , were $2,140,000, and total assets at December 31,2023 , were $2,616,000. The company follows IFRS. Prepare the statement of changes in shareholders' equity for the year ended December 31,2023 . Assume 2023 net income was $500,000 and comprehensive income was $510,000. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) State Preferred shares Comm Balance, January 1 $ Net income Other comprehensive income Comprehensive income Repurchase of common shares Issuance of preferred shares Issuance of common shares through stock dividend Cash dividend: - preferred - common Balance, December 31 WILDHORSE CORP. ent of Changes in Shareholders' Equity Shares